Q2/2009 New principles for securities provided by intermediary firms

The CMB prepared and enacted the Communiqué Regarding the Principles in relation to the Disposal of Securities Given by Intermediary Firms (Serial: V, No: 101) on 13 April 2009. This communiqué has introduced new provisions in relation to the types of securities provided by intermediary firms, the calculation of the values and the valuation of these securities (such as guarantees and collateral), along with the provisions with respect to releasing these securities by the CMB.

 

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